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🇬🇧 United Kingdom Corridor 🛡️ Verified Employer Direct Placement

Trainee Risk Analyst - Insurance

🏢 Wise May 📍 London, England 💼 Company - Public
Currency:
£20,000 - £20,000
£1,667 - £1,667 / mo
Verified Corporate Employer (Authorized Corporate Employer)

This vacancy is published by an accredited employer with authorized corporate payroll and standard compliance adherence.

Transatlantic Cost of Living & Purchasing Power Benchmark

Verified Analytics
Location Base
London, England
Tier-1 UK Economic Zone
Est. Take-Home Pay
68% - 74% (After PAYE & NI)
Single tax filer baseline
Transatlantic Parity
1.0 GBP ≈ $1.28 USD Living Standard
Direct corporate benchmark

Position Overview & Specifications

Wise May are looking for a Trainee Risk Analyst to join A growing Lloyd’s Syndicate to grow and support this growing team.
This is a great opportunity for someone interested in risk management within the (re)insurance industry, we would recommend considering if you are looking for a challenging and rewarding career opportunity.
The opportunity to work closely with all areas of the group to manage and report upon the entirety of the risk profile is a valuable experience for any aspiring risk manager. This will enable the successful candidate to develop a deep knowledge and understanding of the entire business and to apply this knowledge in order to help manage risk more effectively.
The role includes study support via apprenticeship training towards CII qualifications. This will enable the successful candidate to gain the knowledge and skills needed to succeed in the role, as well as to progress their career in the future.
Duties include:

Assisting with the quarterly control and indicator (risk appetite and key risk indicator) review process


Assisting with the management of the risk and control register including reviewing sources of risk, risk response strategies and the effectiveness of the controls used to mitigate the risk(s) to the business


Assisting with market initiatives and group policy for Sustainability/ESG and assessing the financial impacts from climate change


Assisting with the management of the risk event reporting register and maintaining the risk event register including recording new events (and near-misses), assessing potential impacts to the business and following up on actions assigned to the event


Assisting with the management the risk radar process and maintaining the risk radar register, assisting with the assessment of potential impacts to the risk profile and following up on actions assigned to the register entry


Assisting with the management reporting of the status of the risk action register


Preparing data for and assisting with the drafting of reports for entity Boards, Risk Management Working Group, Risk Committee, Audit Committee, Reinsurance and Broker Security and Underwriting Committee(s) as required


Assisting with reviewing and updating key documentation and policy reviews


Assisting with the continued development of the internal risk management system and enhancing the reporting and analytical capabilities

Assisting with the delivery of risk management training across the group including new joiner risk inductions.
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Candidate Selection & Onboarding Process

1

Application & Resume Screening

Submit your tailored CV/Resume directly to the talent acquisition portal.

2

Technical & Competency Interviews

Virtual interviews with the hiring manager and multidisciplinary team.

3

Formal Offer & Benefits Negotiation

Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.

4

Onboarding & Corporate Integration

Equipment provisioning, team orientation, and commencement of duties.

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Hiring Organization
Wise May

Apply for this Position

Location: London, England
Eligibility: Verified Employer Direct Placement
Schedule: Company - Public
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Quick Action Trainee Risk Analyst - Insurance